Main economic indicators
Analysis of the GDP growth in %
## Min. 1st Qu. Median Mean 3rd Qu. Max.
## -7.2832 0.6143 1.8258 1.6789 3.0188 4.6020
As we can see on the graph, the Switzerland GDP growth is sometimes under 0, but the most of the time, it’s higher than 0. To better understand these data, i have choosen to compute the mean (1,68) and the median (1,82) of the GDP growth on the period 1971 - 2018. As we can see on the graphic, there is an important decrease in 1975 due to the first oil crisis.
Comparison with three european countries (France, Italy and Germany)
## # A tibble: 4 x 5
## country mean_gdp max_gdp min_gdp median_gdp
## <chr> <dbl> <dbl> <dbl> <dbl>
## 1 France 2.19 6.34 -2.87 2.15
## 2 Germany 2.00 5.26 -5.70 1.97
## 3 Italy 1.73 7.13 -5.28 1.71
## 4 Switzerland 1.68 4.60 -7.28 1.83
As we can see, Switzerland doesn’t have the best results in terms of the variation of his GDP. In fact, Switzerland has the worst results compared to this others countries. It’ll be interesting to understand why Switzerland has a better economy than these 3 countries even if the results about the variation of his gdp are less good than his neighbours.
Analysis of the GDP per capita
We can see that the GDP per capita increase during this period, he was at 27594.63 in 1990 and at 68060.94 in 2018 (146,6% increase). It’ll be now interesting to compare with the three others countries to see if Switzerland is better in this category.
Comparison with three european countries (France, Italy and Germany)
Switzerland seems to be far away from his neighbours regarding the gdp per capita. Germany is in the second place with 53074.54 in 2018 (28% less than Switzerland), France in the third place with 45342.40 in 2018 (50% less than Switzerland). The conclusion of this analysis is that Switzerland is better when speaking about economic health into an individual citizens perspective.
What are Switzerland’s sources of income?
CONCLUSION À FAIRE
CONCLUSION À FAIRE
Comparison between imports and exports
We can see that the Switzerland imports a bit (19,24%) from low / middle economies in 2017 but this is really increasing since 2010. About the exports, Switzerland exports a lot to high-income economies (75,15%) in 2017 but this is decreasing since 2010. As a conclusion, we can say that Switzerland tend to import more from low / middle economies but also to export more to these economies. However, the most of exports / imports of Switzerland are made with high-income economies but the low / middle economies increase their parts during last decade.
Balance of payments
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Social progress index
CONCLUSION À REDIGER